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20110701
20110731
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. if a crisis can be averted. if democrats and republicans can come to an agreement on the big fight that has been frankly smothering american politics for weeks now. president obama announced earlier today that he wants to see a deal done by tomorrow on the big debt ceiling fight that has consumed every bit of oxygen in d.c. for the last few months. the president saying tonight that congressional leaders are on the clock. they have 24 to 36 hours to get a deal done. as planning a vote that the u.s. government should not default on our debt and shut down comes down to the wire, we are inching close enough to the edge here that two of the world's major credit rating agencies have warned that our national credit rating may be downgraded as a result of this standoff. the day that the u.s. would actually hit the debt ceiling and start going into default and shutting down is august 2. but this does not mean that we have until august 2 before we lose our national credit rating. that could just happen right now. because of the uncertainty and because of how long it is taking to get this done. right
, to have a big fight in washington about what we are going to prioritize in this country, what we are going to spend money on and not going to spend money on. the president said yesterday the fight about the debt ceiling is not going to be some short-term stop-gap measure to tie the fight over to another day. the president said he wants to have the fight now. we are coming out of the great recession, but still tough times economically. given that, how should we be allocating our resources as a country? the republican stance in this big argument, the republican position is that they will not allow taxes to go up one penny, even if democrats only want to raise taxes on the richest people in the country. >> a tax hike cannot pass the u.s. house of representatives. it's not just a bad idea, it doesn't have the votes, and it can't happen. the american people don't want us to raise taxes. >> american people do not want us to raise taxes, makes for a nice, tidy, talking point in this fight. it does not, however, appear to be a true talking point. most recent poll to poll on this question said when
of the substance of the proposal, it's too big. there is no time to get something this big done before the august 2 deadline. it literally cannot be passed through the senate in time even if everybody likes it. the other rainbow/sunshine problem here is the president and the senate agreeing on this or anything doesn't get you further towards raising the debt ceiling, it's not just the president and the senate, it's crazy town down the hallway too, it's john boehner's republican house, that likes the idea of the nation defaulting, that thinks the explosion of the economy might be pretty or at least warm for a second. they are not looking for a good deal or achieve particular policy objectives, regardless of what they get, they are not going to vote to raise the debt ceiling. the republicans who are running for president from the house of representatives, for example, are not saying don't raise the debt ceiling unless, don't raise the debt ceiling until, they are saying don't raise the debt ceiling at all. let's see what happens. this is how republican congresswoman michele bachmann's first president
on to as a pass towards raising the debt ceiling. i'm sure that was an edified discussion for their big senate plan, which the president likes, but it is not the president and the senate who need to get together to decide this thing. it's the president and the senate and the drunk kids at the other end of the building who are setting their barbies on fire and cooking metal in the microwave until it explodes. watch it burn! watch it burn! honestly, time for a reality check here. house republicans are not trying to drive a hard bargain and get the best deal possible. house republicans do not want to raise the debt ceiling. for anything. they would please not like to raise the debt ceiling. they would like to go into default, thank you very much. house republicans have been actively making that argument for weeks now that hitting the debt ceiling, oh, that won't hurt a bit, who cares? republican congressman mo brooks of alabama told the washington post this week that on the contrary, all credit rating should be improved by not raising the debt ceiling, which is like saying you're looking forward
to other states and has been trying in a very big way of spreading the gospel of making it harder to vote all across the country. not just in kansas, but everywhere. earlier this week chris coback wrote urging politicians in other states to do what he and sam brownback have done in kansas, the case republicans broadly make for the urgent need for these new make it harder to vote laws is that voter fraud is wide spread across the country and a real threat. as evidence, there were 221 incidents of voter fraud reported in kansas between 1997 and 2010. seven of which yielded convictions. that's the evidence. 13 years, 7 convictions. convictions? detailed in a report from mr. coback's office in kansas. they consist of the following. one instance of electioneering, so campaigning too close to a polling place and six incidents of double voting, people voting in kansas or another state or two different counties in kansas. again, the seven convictions that are evidence to make voting harder is one case of electioneering and six cases of double voting. here's the thing, whether or not those seven c
is the big bad government is a threat to us. the consumer protection bureau as most americans understand is the government protecting them from abuse by private financial institutions. and they are terrified that the public will see that there is value to a public institution that can prevent them from being abused by private institutions because it undercuts the whole rationale that the government is always bad, always a problem. and that's why we are fighting so hard for it. >> congressman barney frank, democrat of massachusetts, ranking democrat on the financial committee. thank you for your time tonight. >>> texas governor, and gonna run for president guy, rick perry made a very surprising decision today that is going to upset some of his most ardent supporters. i'll tell you about it with a smile when i come back. >>> there are two things happening in rick perry's political life that are on a collision course. the first thing is that he plainly is going to run for president. he is leaking to the press that his wife wants him to run, she is actively encourage ing him to do it. he jus
the democrats and their negotiating position in the big debt ceiling fight in washington. whether or not the white house really just put social security and medicare on the table for cuts. that is all ahead. but we start tonight with a dramatic development in a life or death issue. it is literally about life and death. about the power of the government to kill people it is holding prisoner. but it's also about presidential politics, and who will be the republican party's nominee for president this year. there are two unquestionable truisms in coverage of republican presidential politics right now. one is that the prohibitive favorite to get the republican party's nomination, the front-runner so far out in front it is almost impossible to imagine anyone catching him is mitt romney. mitt romney seen here at the romney fundraiser today in london, england, of all places. mr. romney leads in all scientific international polls at this point, in all iowa polls, new hampshire polls, and in fundraiser. he is the front-runner and is front running alone. that is truism number one. truism num
. it's kind of incredible. i think it's been easy to lose sense of the big picture here, but the further you get away from what just happened, the bigger perspective you take on it, the more incredible it is. 70 times to raise the debt ceiling. raising the debt ceiling is something that happens as a matter of course. it's a run of the mill no headline kind of event. >> this is really housekeeping, tim. this has nothing to say, nothing to do with future spending. this simply reflects decisions made in the past and it ought to be treated like the housekeeping matter it is. >> george w. bush's budget director, mitch daniels, explaining the bush administration hoped raising the debt ceiling would be handled by congress as a housekeeping matter. that's how it was handled over the last decade. in the george w. bush administration, congress raised the ceiling seven separate times. among the republicans raising their current tantrums among john boehnor, eric canton, mitch mcconnell, jon kyl, collectively they passed 19 votes during the bush administration to raise the debt ceili
, chrislhayes. rachel maddow is up next. >> any big plans? >> may light off a firework fmplgts they're illegal where you live, i won't tell anyone. >> just between you and me. >> exactly right. >>> thanks for staying with us the next hour. it is the start of a long fourth of july weekend. one of those days where if you are not on vacation already, you sort of feel like a sucker, because it feels like everybody else is on vacation. but even on a sultry friday night in july, heading into a long holiday weekends, there are two outstanding things that happened in american politics today. there is no relationship to what another whatsoever. i won't stremp and try to make one. we're going to do one of these stories and then the other. the first one is this -- >> conservatism is an act of creation and love. a love for a cherished way of life we have inherited and will bequeath to our children. conservatism is the ligation of ideology. we sent our mind to the world. not of the world to our mind. we'll move every mountain. we will meet every challenge and we will strive towards the light for the blosso
Search Results 0 to 30 of about 31 (some duplicates have been removed)